extend a sincere welcome to all of you joining us today for this seminar hosted by the Japan International Transport Institute. In addition, I

greatly appreciate the participation of our keynote speakers and the panelists.

The purpose of this seminar is to explore the possibility of managing efficiency and environmentally friendliness in logistics. First, I would

like to mention briefly the introductory part of the discussion.

The reduction of greenhouse gas (GHG) emissions has become a priority at the local, national, and international levels and the time for action has arrived. Since the transportation sector produces about 30% of the national total GHG emissions, cargo transportation can implement countermeasures to help the cause and improve the environment.

To date, more and more companies are taking their own steps to assess their carbon impacts and reduce their emissions. This is great progress. However, in general, environmental efforts are still considered as a factor

1

of cost increase. In addition, the recent difficult economic situation may have negative impacts on progress in companies’ environmental approaches.

In this context, in order to promote environmental efforts, measures must be not only economically-feasible but also business-friendly. I believe it is possible. For example, since GHG emissions are directly related to

fuel-consumption, emission reduction can result in fuel-cost savings. And, environmentally-friendly and efficient distribution systems may minimize total costs throughout the supply chain.

Significant opportunities may exist including measures in the vehicle itself such as efficient driving/ operation of trucks and intermodal measures like an optimal combination of different modes of transportation. Moreover, the cooperation between shippers and carriers may provide further...

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